Where could OXY trade next? Consensus target price: $70.
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+ Follow$61.46
12 analysts in the last 4 months
High: $79 | Low: $63
No recommendations in the last 4 months.
Occidental Petroleum posts a target price of $70. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
A target price of $70 for OXY means covering analysts, on average, see the stock 14.4% upside of $61.46 over about 12 months. Dig into who set the high and low targets and how recently they updated — freshness matters as much as the average itself.
Context for OXY's target price usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Occidental Petroleum's other metric pages and overview cover the third.
Judging Occidental Petroleum against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in target price easier to interpret. Start with $70 here, then scan peer and history charts to see if the gap is persistent.